Curated News
By: NewsRamp Editorial Staff
September 24, 2025
LaFleur Minerals Advances Beacon Mill Restart with High-Grade Swanson Results
TLDR
- LaFleur Minerals offers investors a strategic advantage with its Beacon Gold Mill restart at a $5 million budget, significantly below the $71.5 million replacement cost.
- LaFleur Minerals is completing mill maintenance, planning drilling near the historic Beacon Mine, and preparing logistics to restart production using Swanson mineralized material.
- LaFleur Minerals' development of the Swanson Gold Project creates economic opportunities in Québec's Abitibi region while advancing responsible gold mining operations.
- LaFleur Minerals' recent drilling at Swanson revealed high-grade, near-surface gold intercepts that expand the deposit's scale and open-pit potential in Québec.
Impact - Why it Matters
This development matters because it represents significant progress in bringing a substantial gold production facility back online in one of Canada's most productive mining regions. The Abitibi Gold Belt has historically been a major gold producer, and the restart of the Beacon Gold Mill could contribute to regional economic activity while adding to global gold supply. For investors, the confirmation of restart readiness within a $5 million budget versus replacement costs exceeding C$71.5 million demonstrates substantial value preservation. The high-grade, near-surface intercepts at Swanson suggest potential for cost-effective open-pit mining operations, which typically have lower capital requirements and faster production timelines compared to underground operations. The timing is particularly relevant given current gold market conditions and increasing demand for secure, jurisdictionally-safe gold assets in stable mining jurisdictions like Québec.
Summary
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has announced significant progress in its ramp-up activities at the Beacon Gold Mill and Swanson Gold Deposit located in Québec's prolific Abitibi Gold Belt. The company is currently completing essential mill maintenance, planning strategic drilling near the historic Beacon Mine, and preparing comprehensive logistics to restart production using mineralized material from the Swanson Gold Deposit. An independent evaluation has confirmed the restart readiness within a $5 million budget, while highlighting that replacement costs for the mill would exceed C$71.5 million, underscoring the substantial value of this existing infrastructure. LaFleur is also finalizing a comprehensive Preliminary Economic Assessment (PEA) scheduled for completion by October 2025, which will provide critical economic analysis of the project's viability.
At the Swanson Gold Project, exploration activities have yielded promising results with 24 drill holes completed totaling 5,283 metres. Initial assays from six holes have returned high-grade, near-surface intercepts and step-out extensions that significantly reinforce the deposit's scale, continuity, and open-pit potential. The Swanson Gold Project encompasses an extensive 18,304-hectare land package along a major structural break that hosts multiple gold deposits and showings, previously held by established mining companies including Monarch Mining, Abcourt Mines, and Globex Mining. The project benefits from excellent road accessibility, allowing direct access to several nearby gold mills and enhancing its development potential. The fully-permitted Beacon Gold Mill, capable of processing over 750 tonnes per day, represents a strategic asset that could process material from Swanson while potentially serving custom milling operations for other nearby gold projects.
MiningNewsWire, as part of the Dynamic Brand Portfolio within the Investor Brand Network (IBN), serves as the specialized communications platform delivering this important mining sector update. The platform provides comprehensive distribution services including wire solutions through InvestorWire, editorial syndication to over 5,000 outlets, enhanced press release optimization, and extensive social media distribution to millions of followers. This robust communications infrastructure ensures that developments like LaFleur Minerals' progress reach a wide audience of investors, industry professionals, and stakeholders interested in the global mining and resources sectors.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Advances Beacon Mill Restart with High-Grade Swanson Results
